The Bitcoin Name System (BNS) protocol functionality will be extended to include mechanisms for interconnecting with the Domain Name System (DNS) that powers Web2 domains.
Trust Machines announced the launch of Orange Domains, a top-level domain name registrar based on the Bitcoin network. Hiro Systems and Tucows are the project’s technical partners. The project will enable direct interaction between blockchain domains and the DNS system.
Hiro Systems specializes in L2 solutions based on Bitcoin and will provide the technological base for creating the necessary smart contracts. Tucows will implement strategic guidance in the interconnection of blockchain domains and the DNS.
The Bitcoin Name System (BNS) is a decentralized protocol that allows users to register Web3 domains in zones such as .btc, .id, .app, and others. The protocol is powered by the Stacks L2 solution in the Bitcoin ecosystem.
Orange Domains will directly combine the traditional DNS with blockchain domains based on the BNS protocol. In this case, the blockchain domain will be an NFT and act as a Web3 identifier. According to the developers, this solution will provide a closer interaction between the traditional Web2 ecosystem and the sphere of decentralized Web3 solutions.
CP Media wrote more about blockchain domains and their specifics, technical features, and functionality. It should also be noted that the presented initiative expands the scenarios of non-financial use of the Bitcoin blockchain and increases the functionality of the Bitcoin ecosystem, indirectly affecting the growth of BTC. Another example of this kind of initiative is the use of the Bitcoin blockchain to preserve classic video games.
Сообщение Web3 Registrar Orange Domains Combines BNS and DNS появились сначала на CoinsPaid Media.
